MOSCOW, Russia — MTS (NYSE: MBT, MOEX: MTSS), Russia’s leading telecommunications operator and digital services provider, announces the decisions reached at the Company’s Extraordinary General Meeting of Shareholders (the “EGM”) held on December 30, 2019.

At the meeting, the following resolutions were adopted:

·                                 To approve special dividends of RUB 13.25 per ordinary MTS share (RUB 26.50 per ADR), or a total of RUB 26.4 billion (RUB 26,478,321,820.75) based on the Company’s 9M 2019 financial results and taking into consideration the sale of VF Ukraine PrJSC;

·                                 To set the record date for shareholders entitled to receive special dividends for January 10, 2020.

The dividend payment will be completed on or before February 14, 2020.

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For further information, please contact in Moscow: 
Investor Relations Department 
Mobile TeleSystems PJSC 
Tel: +7 495 223 2025 
E-mail: ir@mts.ru